Senate Passes $700 Billion ‘Inflation Reduction’ Bill
The Senate on Sunday passed the $700 billion Inflation Reduction Act, a scaled-down version of the Build Back Better Act.
The Senate on Sunday passed the $700 billion Inflation Reduction Act, a scaled-down version of the Build Back Better Act.
Prominent Democrats said six times that raising taxes during a recession was a bad idea, yet the Democrats are seeking to raise taxes on companies over the weekend.
A Democrat deal, agreed to by Senate Majority Leader Chuck Schumer (D-CA) and Sen. Joe Manchin (D-WV), subsidizes electric vehicles made in Canada and Mexico — gutting the “Buy American” rules initially included in the legislation.
Sen. Marsha Blackburn (R-TN) will propose two amendments to the Inflation Reduction Act that would prevent Democrats from increasing taxes on working-class Americans and small businesses, Breitbart News has learned exclusively.
The Manchin-Schumer bill should now be renamed Build Back China.
A bill backed by Senate Majority Leader Chuck Schumer (D-NY) and Joe Manchin (D-WV) would unleash the Internal Revenue Service (IRS) on middle class Americans while keeping tax loopholes open for billionaires and their multinational corporations.
Senator John Kennedy (R-LA) said Wednesday on FNC’s “America Reports” that the Democrats Inflation Reduction Act negotiated by Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) would result in Americans living “in a tent behind Whataburger.”
A bill aimed at helping veterans suffering from toxic exposure is set to move forward after Democrats and Republicans reached a compromise.
During an appearance on Fox Business Network on Monday, Rep. Roger Williams (R-TX) warned the climate, tax and health care bill agreement brokered between Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) would be bad for the U.S. economy.
The Joint Committee on Taxation (JCT) found that the Democrats’ inflation reduction bill would hit manufacturers hardest with the legislation’s corporate minimum tax.
Senator Joe Manchin (D-WV) said Sunday on CNN’s “State of the Union” that President Joe Biden deserved credit for the Democrats’ so-called tax and climate package he negotiated with Senate Majority Leader Chuck Schumer (D-NY).
Rep. Tom Malinowski (D-NJ) will support the reconciliation bill pushed by Senate Democrats that does not eliminate the cap on the state and local tax deduction (SALT), despite previously saying he would not support any reconciliation bill that does not remove the cap.
Here’s how much the Inflation Reduction Act will reduce inflation by: zero.
The University of Pennsylvania’s Wharton School found on Friday that the Inflation Reduction Act, the Democrats’ marquee bill to reduce inflation, would have zero impact on inflation.
The provision would put taxpayers on the hook for massive energy loans to Indian tribes.
House Republicans slammed Democrats’ newly unveiled Inflation Reduction Act of 2022 on Friday, saying it is “likely to worsen the economy.”
Closing the carried interest loophole could jeopardize the Democrat reconciliation bill, as some Democrats have fought for an exemption for startups.
A reconciliation bill pushed by Senate Democrats aims to reduce the deficit by $300 billion by increasing taxes and IRS enforcement while spending $433 billion on “climate change” and Obamacare.
The president’s trip is the latest attempt of Biden to prove to the radical left he is taking climate change seriously.
Senate Majority Leader Chuck Schumer has held talks with Microsoft about the Journalism Competition and Preservation act (JCPA), a bill that would allow media companies to form a cartel, exempting them from antitrust law for the sole purpose of colluding with Big Tech companies for advantages over their competitors.
Democrats and climate activists were left outraged on Thursday when Sen. Joe Manchin (D-WV) refused to go forward with his party’s economic package, citing its climate and energy programs as well as its raising of taxes on wealthy Americans.
Senate Majority Leader Chuck Schumer (D-NY) has tested positive for coronavirus, which will stall the Senate Democrats’ legislative agenda this week as his razor-thin majority returns from a two-week recess.
Senate Minority Leader Mitch McConnell stood firm Thursday on his promise to kill a China competition bill should Democrats advance efforts to pass a $500 billion climate, Obamacare bill.
Senate Democrats want to pass a $500 billion package that would include major reforms to health care, climate change, and taxes, according to a report.
Senate Majority Leader Chuck Schumer (D-NY) will submit text on Wednesday for a scaled-down Build Back Better bill, that would still aim to combat alleged climate change, lower drug prices, and raise taxes.
The vast majority of voters say the rising cost of gas is a “serious” problem in President Biden’s America, mere months ahead of the midterm elections, a Rasmussen Reports survey released Tuesday found.
Senate Majority Leader Chuck Schumer wants the gun control bill that emerged from Sen. John Cornyn’s work with Democrats to pass quickly.
President Joe Biden will use a planned speech Wednesday to call for Congress to suspend federal gas and diesel taxes for three months.
HBO’s “Last Week Tonight” host John Oliver has attacked fellow leftist Senate Majority Leader Chuck Schumer (D-NY) for dragging his feet on big tech anti-trust legislation, noting that Schumer’s two daughters work for Amazon and Facebook’s parent company, Meta.
The United States national gas price average has climbed by more than $2.60 since former President Trump’s last full day in office, as the national average reached yet another record high on Tuesday.
A pro-abortion, left-wing group that calls itself “ShutDown DC” is organizing a protest to shut down the Supreme Court Monday.
Senator Chris Coons (D-DL) said on this week’s broadcast of “Fox News Sunday” that the country was at risk of a “season of political violence.”
The radical left has stirred multiple acts of extremism against political foes in recent weeks.
Senate Republican Conference Chair Sen. John Barrasso (R-WY) said on Wednesday’s broadcast of Fox News Channel’s “America Reports” that Senate Majority Leader Chuck Schumer (D-NY) was in part responsible for the alleged threat on Supreme Court Justice Brett Kavanaugh’s life.
The Hill reports that Sen. John Cornyn (R-TX) wants Senate Majority Leader Chuck Schumer (D-NY) to allow more time for Republicans and Democrats to reach a “consensus” on gun control.
On Saturday, the Hill published a column on the Democrats’ precarious position of desiring to secure more gun control but knowing that pursuit of new gun laws has cost them elections in the past.
Sen. Joe Manchin (D-WV) on Friday revived Build Back Better negotiations with establishment Republican senators ahead of the November midterm elections.
Senate Minority Leader Sen. Mitch McConnell (R-KY) on Thursday “encouraged” Sen. John Cornyn (R-TX) to work with Senate Democrats on gun control legislation in a reaction to the school shooting in Uvalde, Texas this week.
On Wednesday Senate Majority Leader Chuck Schumer (D-NY) hit the brakes on the idea of a quick gun control vote, making clear a vote on more gun restrictions will have to wait.
The New York Times reported late Tuesday that Senate Majority Leader Chuck Schumer (D-NY) took action “within hours” of the Robb Elementary School attack to adjust the Senate schedule and will “force” a gun control vote.